Manitok Energy Breaks Above 200-Day Moving Average - Bullish for MEI

In trading on Friday, shares of Manitok Energy Inc. (TSXV: MEI.

In trading on Friday, shares of Manitok Energy Inc. (TSXV: MEI.TO) crossed above their 200 day moving average of $2.66, changing hands as high as $2.75 per share. Manitok Energy Inc. shares are currently trading up about 5% on the day. The chart below shows the one year performance of MEI shares, versus its 200 day moving average:

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